Deckers Outdoor Stock Hits New 52-Week Low (DECK)

NEW YORK ( TheStreet) -- Deckers Outdoor Corporation (Nasdaq: DECK) hit a new 52-week low Thursday as it is currently trading at $45.93, below its previous 52-week low of $46.86 with one million shares traded as of 12:49 p.m. ET. Average volume has been 1.9 million shares over the past 30 days.

Deckers Outdoor has a market cap of $1.85 billion and is part of the consumer goods sector and consumer non-durables industry. Shares are down 36.5% year to date as of the close of trading on Wednesday.

Deckers Outdoor Corporation engages in the design, manufacture, and marketing of footwear and accessories for outdoor activities and casual lifestyle use for men, women, and children. The company has a P/E ratio of 10, equal to the average consumer non-durables industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Deckers Outdoor as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures and reasonable valuation levels. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, disappointing return on equity and a generally disappointing performance in the stock itself. You can view the full Deckers Outdoor Ratings Report.

See all 52-week low stocks or get investment ideas from our investment research center.